Agri credit crosses Rs 20 lakh crore till Jan in FY24; sharp jump from Rs 7.3 lakh cr in 2013-14

The Modi government has significantly increased institutional credit in the agriculture sector, with banks disbursing Rs 20.39 lakh crore. The government implements an interest subvention scheme for short-term crop loans and provides income support to farmers through the PM-KISAN scheme. The government has spent Rs 18.

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